Skip to main content

Wireless electric vehicle charging system sales ‘to exceed 280,000 by 2020’

According to new research from Pike Research, a part of Navigant’s Energy Practice, until recently, wireless charging equipment for plug-in electric vehicles (PEVs) has had all the characteristics of a promising technology in search of a market. In the last six to twelve months, however, this has begun to change. Nearly all of the major PEV manufacturers have announced partnerships to develop wireless charging systems, and there are signs that such systems, installed at the factory or added at the dealershi
December 24, 2012 Read time: 2 mins
According to new research from 5644 Pike Research, a part of Navigant’s Energy Practice, until recently, wireless charging equipment for plug-in electric vehicles (PEVs) has had all the characteristics of a promising technology in search of a market. In the last six to twelve months, however, this has begun to change.

Nearly all of the major PEV manufacturers have announced partnerships to develop wireless charging systems, and there are signs that such systems, installed at the factory or added at the dealership, could become a market differentiator for electric vehicle (EV) models. Pike Research now predicts sales of wireless EV charging equipment will grow steadily through the remainder of the decade, reaching annual sales of 283,000 by 2020.

“They have also made other benefits of wireless charging, including the alleviation of range anxiety through frequent, brief top-offs via embedded, automatic wireless charging systems, much more evident. The experiences of EV owners have strengthened the case that the convenience of charging could be a major factor in purchase decisions,” says Pike editorial director Richard Martin.

 “They have also made other benefits of wireless charging, including the alleviation of range anxiety through frequent, brief top-offs via embedded, automatic wireless charging systems, much more evident.”

Many trials with OEM vehicles commenced in 2012. Publicly announced wireless charging vendor relationships include: 189 Siemens with 1731 BMW; WiTricity with Delphi and with car makers 1686 Toyota, 4962 Mitsubishi, and 2125 Audi; 213 Qualcomm with 2453 Renault and 33 Delta Motorsports; and 6265 Evatran with SPX Service Solutions, 1691 Google, 6266 Hertz and others. Currently, wireless EV charging systems are not on the commercial market, but at least one vendor intends to bring a system to market in the first half of 2013.

For more information on companies in this article

Related Content

  • Technology overcomes EV range challenges
    February 4, 2013
    According to new analysis from Frost and Sullivan, Strategic Analysis of Global Market for Range Extenders, major challenges currently faced by the electric vehicle (EV) revolve around the inability to provide long range in a single charge as well as the lengthy charging times that can vary from thirty minutes to ten hours. This has limited the number of adopters for EVs. Range extender technology overcomes these challenges, strategically positioned to make strong gains in the EV market. Currently, the mark
  • Cotswolds introduces EV rapid charging technology
    May 28, 2015
    Siemens has supplied and installed two triple-outlet, multi-standard rapid charging points in Cirencester and Moreton-in-Marsh for Cotswold District Council (CDC), UK, providing fast top-ups for visitors and residents with electric vehicles travelling within and through the region. A grant from the Office for Low Emission Vehicles (OLEV) provided funding for the project.
  • Asia Pacific expected to lead EV charging station market by 2022
    April 1, 2016
    According to Markets and Markets’ latest market research report, the electric vehicle (EV) charging station market is estimated to reach US$12.61 Billion by 2022, at a CAGR of 29.8 per cent between 2016 and 2022. Factors which are driving the electric vehicle charging stations market include government subsidies and incentives, increasing use of EVs, and the growing need to reduce carbon emissions. The US Environmental Protection Agency (EPA) categorises battery electric vehicles (BEVs) as zero-emissi
  • North America intelligent transport systems (ITS) Market 2015-2019
    August 20, 2015
    Research and Markets’ latest report, Intelligent Transport Systems (ITS) Market in North America 2015-2019, expects the ITS market in North America to grow at a CAGR of 6.49 per cent in terms of revenue during 2014-2019. The report covers the present scenario and the growth prospects of the ITS market in North America for the period 2015-2019. The market covered in the report includes roadway transportation only. To calculate the market size, the report considers revenue generated from the sales of ITS p